本周市场：特朗普引发历史性反弹，比特币突破 8 万美元，中国推出刺激计划

本报告来自今天的 CNBC 每日公开赛，这是我们的国际市场时事通讯。 CNBC 每日开盘让投资者了解他们需要了解的一切

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are.

本报告来自今天的 CNBC 每日公开赛，这是我们的国际市场时事通讯。 CNBC 每日公开赛让投资者无论身在何处都能及时了解他们需要了解的一切。

Like what you see? You can subscribe here.

喜欢你所看到的吗？您可以在这里订阅。

What you need to know today

今天你需要知道什么

Philadelphia news 24/7: Watch NBC10 free wherever you are

费城新闻 24/7：无论您身在何处，都可以免费观看 NBC10

All major U.S. indexes rose on Friday. During the trading session, the S&P 500 briefly traded above 6,000 and the Dow Jones Industrial Average rose above 44,000, new milestones for both.

周五美国所有主要股指均上涨。交易期间，标准普尔 500 指数短暂交投于 6,000 点上方，道琼斯工业平均指数升至 44,000 点上方，这对两者来说都是新的里程碑。

Europe's regional Stoxx 600 fell 0.65%. The index was weighed down by mining stocks, which dropped 4.2%, and losses in shares of luxury companies, like Richemont, Kering and Burberry.

欧洲地区斯托克 600 指数下跌 0.65%。该指数受到矿业股下跌 4.2% 以及历峰集团 (Richemont)、开云集团 (Kering) 和巴宝莉 (Burberry) 等奢侈品公司股票下跌的拖累。

China's consumer price index for October rose 0.3% from a year earlier, according to the country's National Bureau of Statistics. A Reuters poll of economists had expected prices to increase by 0.4%, the same rate as September's figure.

根据国家统计局的数据，10月份中国居民消费价格指数同比上涨0.3%。路透社对经济学家的调查此前预计价格将上涨 0.4%，与 9 月份的数字相同。

On Friday, China announced a five-year, 10 trillion yuan ($1.4 trillion) package to tackle local government debt problems.

周五，中国宣布了一项为期五年的 10 万亿元人民币（1.4 万亿美元）的一揽子计划，以解决地方政府债务问题。

Bitcoin rose 5.4% to trade at $80,398.24, according to Coin Metrics. That's the first time the cryptocurrency has broken the $80,000 barrier.

根据 Coin Metrics 的数据，比特币上涨 5.4%，至 80,398.24 美元。这是该加密货币首次突破 80,000 美元大关。

Traders think bitcoin will soar even higher. They piled more than $2.8 billion into the options market, betting that bitcoin's price will go beyond $90,000.

交易员认为比特币将会飙升得更高。他们向期权市场投入了超过 28 亿美元，押注比特币的价格将超过 9 万美元。

Tesla's market capitalization surpassed $1 trillion on Friday after an electrifying rally last week, ignited by Donald Trump's victory, that pushed up its shares 29%. It's now up 30% year to date.

在唐纳德·特朗普获胜的推动下，特斯拉股价上周出现了令人振奋的上涨，周五该股市值突破了 1 万亿美元，股价上涨了 29%。今年迄今已上涨 30%。

Meanwhile, CEO Elon Musk endorsed the idea, raised by Sen. Mike Lee, of allowing presidents to intervene in Federal Reserve policy.

与此同时，首席执行官埃隆·马斯克(Elon Musk)赞同参议员迈克·李(Mike Lee)提出的允许总统干预美联储政策的想法。

[PRO] Eyes on inflation data After a hot week in the stock market, spurred by the election of Trump as the next U.S. president and the Federal Reserve cutting rates by 25 basis points, inflation prints this week will determine if the buoyance in markets can continue.

[PRO] 关注通胀数据 在特朗普当选下任美国总统和美联储降息 25 个基点的推动下，股市经历了火爆的一周，本周的通胀数据将决定市场能否走强。继续。

CNBC Pro's Sarah Min gives a recap of what happened last week and what to look forward to this week.

CNBC Pro 的 Sarah Min 回顾了上周发生的事情以及本周的展望。

Money Report

金钱报告

Singapore Airlines shares fall 6% as profit nearly halves amid intensifying competition

竞争加剧导致利润近一半 新加坡航空股价下跌 6%

Asia-Pacific markets slip as China data and stimulus fall short of expectations

由于中国数据和刺激措施未达预期，亚太市场下滑

The bottom line

底线

When the numbers are this good, you've got to start with them.

当数字这么好时，你就必须从它们开始。

For the week, the S&P 500 climbed 4.66%, the Dow Jones Industrial Average rose 4.61% and the Nasdaq Composite popped 5.74%. If that's impressive, consider this: The small-cap Russell 2000 surged 8.57%.

本周，标准普尔 500 指数上涨 4.66%，道琼斯工业平均指数上涨 4.61%，纳斯达克综合指数上涨 5.74%。如果这令人印象深刻，请考虑一下：小型股罗素 2000 指数飙升 8.57%。

The markets have Trump to thank for that.

市场为此要感谢特朗普。

"Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients.

巴克莱策略师维努·克里希纳(Venu Krishna)在给客户的一份报告中表示：“股市急于消化特朗普的国内增长政策。”

That's most evident in the outsized bump in the Russell 2000 compared with other indexes. Smaller companies tend to be more tied to the domestic economy, which is the focus of Trump's pledges.

与其他指数相比，Russell 2000 指数的大幅上涨体现了这一点。规模较小的公司往往与国内经济联系更紧密，这是特朗普承诺的重点。

Small-cap companies also have more floating rate debt. With the Fed's 25 basis point rate cut on Thursday, the debt burden on small caps will be reduced, leading to higher profits.

小盘股公司也有更多的浮动利率债务。随着美联储周四降息25个基点，小盘股的债务负担将减轻，从而带来更高的利润。

The road ahead, however, might not be as smooth.

然而，前方的道路可能不会那么顺利。

Of the S&P companies that reported this earnings season, 84% beat expectations on profit. But their revenue "is more subdued, where the proportion of companies beating sales estimates has stayed weak," JPMorgan Strategist Mislav Matejka wrote in a Friday note. And earnings, fundamentally, are what drive the stock market.

在公布本财报季的标普公司中，84% 的利润超出预期。但摩根大通策略师米斯拉夫·马特伊卡(Mislav Matejka)在周五的报告中写道，他们的收入“更加低迷，超出销售预期的公司比例仍然较低”。从根本上来说，盈利才是股市的驱动力。

The economy could experience some speed bumps too. Policies proposed by Trump, such as higher tariffs and stricter immigration, might decrease growth and increase inflation, or at least slow down the pace of disinflation, said Barclays.

经济也可能会经历一些减速。巴克莱表示，特朗普提出的政策，例如更高的关税和更严格的移民，可能会降低经济增长并加剧通胀，或者至少减缓通货紧缩的步伐。

Minneapolis Fed President Neel Kashkari is also wary of inflation persisting. If tariffs become "tit for tat," Kashkari said in an interview on Sunday, "that's where it becomes more concerning."

明尼阿波利斯联储主席尼尔·卡什卡利也对持续的通胀持谨慎态度。卡什卡里在周日接受采访时表示，如果关税变成“针锋相对”，“那就会变得更令人担忧。”

The Fed, in response to that, could space out its rate cuts even more.

作为回应，美联储可能会进一步加大降息幅度。

While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

尽管特朗普的集会已经有了一个良好的开端，但何时结束——更重要的是如何结束——还有待观察。

— CNBC's Sean Conlon, Yun Li, Jesse Pound and Hakyung Kim contributed to this report.

— CNBC 的 Sean Conlon、Yun Li、Jesse Pound 和 Hakyung Kim 对本报告做出了贡献。

Also on CNBC

也在 CNBC 上播出